Chris Skinner

AUGUST 25, 2016

Digital identity is a complex area, as discussed yesterday. First, it is focused upon shared ledgers and blockchain, not just blockchain; second, it needs to have some permission basis; third, we need to have a structure agreed for who is providing permissions; and fourth, it is a structural challenge for industry and government, rather than … The post 12 Standout Start-ups Focused Upon Blockchain Identity appeared first on Chris Skinner's blog.

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Bank Innovation

AUGUST 15, 2016

Calling all fintech startups — today marks the opening of the application period for the second class of INV Fintech, a global accelerator operated by Bank Innovation and Fiserv. Interested startups can apply here. The application period will close Friday, September 9. INV, which launched in January, is the first Read More.

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South State Correspondent

AUGUST 17, 2016

Ahh, the gentle breeze of Havana – the music, the people, the cigars, the mojitos and the embargo. Given the thawing relations and the new rules announced by the Obama administration, banking and financial transactions are now loosening….somewhat. While the lifting of the embargo will take an act of Congress and is not expected to be reviewed until next year, American companies are already in motion in preparation.

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Company 227

Payments Dive

AUGUST 2, 2016

Chris Poelma, president and GM of small business at NCR, discusses the stand-off between small retailers and their customers over mobile-wallet adoption.

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PYMNTS

AUGUST 12, 2016

In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we check out a small country with a huge potential to emerge as one of Europe’s premier FinTech spaces. Before we jump into the post, here are a few quick facts about the Netherlands and its tech scene: . The Netherlands is estimated to have a population of 17 million. The country’s GDP was approximately $880 billion in 2014.

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Chris Skinner

AUGUST 30, 2016

I recently opened an investment fund for blockchain start-ups in partnership with Life.SREDA, who produce a report on the state of FinTech twice a year. The latest report, almost 300 pages of analysis, provide more insights of the first half of the year in FinTech [Money of the Future 1H’2016 and Chinese, Korean and Japanese … The post The three sexiest words in FinTech appeared first on Chris Skinner's blog.

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Fintech blockchain Analysis Report 284

Bank Innovation

AUGUST 3, 2016

It seems like new fintech startups show up daily, all vying for the top slot in the type of financial service they offer: want to find a P2P lending service? There’s dozens of startups for that. Need help with stock options or expenses? Well, there’s a few dozen startups for Read More.

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Fintech Lending Report Online 240

Bobsguide

AUGUST 17, 2016

Financial exclusion is still a problem in 2016. Worldwide, there are two million people currently living without a bank account because they have low or unstable incomes or have experienced a change in circumstances. Many financial institutions and fintech startups are attempting to decrease the.

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Fintech 95

Payments Dive

AUGUST 19, 2016

There are more than a few big reasons Wal-Mart is advancing its mobile retail customer experience and the big one is consumers want a smooth, fast, easy experience. In fact, they're demanding it.

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Mobile Meeting Customer Experience Retail 207

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Community Bank

PYMNTS

AUGUST 29, 2016

With the rise of Amazon Prime and eCommerce , more packages are being delivered to customers’ homes than ever before. It’s now possible to order everything online for in-home delivery from groceries to pet food to toilet paper, and consumers can usually get those items delivered to their doorstep overnight or in a manner of hours. The U.S. Postal Service delivered 4.5 billion packages in 2015, a big jump from the 3.3 billion in packages it delivered to customers in 2011, and now accounts for abo

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Payments Source

AUGUST 9, 2016

Card manufacturer Oberthur Technologies is offering issuers facing a shortage of EMV chip cards an option to receive as many as 25,000 in five days, rather than waiting the standard three to four weeks.

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Security Cards Technology Analytics 86

Chris Skinner

AUGUST 24, 2016

In my final deep dive into blockchain use cases, I come to digital identity. Now this is a thorny area for three reasons. First, we need to understand what we mean by identity before we can talk about how blockchains could help. Second, we need to understand the difference between blockchain and shared ledgers which, … The post Applying Blockchain to Identity appeared first on Chris Skinner's blog.

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blockchain 239

Bank Innovation

AUGUST 26, 2016

It was announced this week that four of the world’s banks—Santander, UBS, BNY Mellon, and Deustche Bank—are collaborating, along with brokerage firm ICAP, in order to produce what they’re calling a “utility settlement coin,” or USC, run on blockchain technology, originally the rails beneath bitcoin and now the talk of the financial, corporate, Read More.

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Bobsguide

AUGUST 2, 2016

After advocating blockchain technology at the start of this year, the UK government has chosen Level39 member Credits to act as the official supplier of distributed ledger technology (DLT) to public sector organisations. The blockchain tech company was awarded a place on the G-Cloud 8 framework.

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blockchain Technology Company 89

Payments Dive

AUGUST 5, 2016

Mark Kilpatrick, CMO from Urban FT, discusses what banks need to focus on going forward with their customers.

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Digital Banking 226

PYMNTS

AUGUST 5, 2016

There’s no question that mobile has established itself as a default channel as far as the average consumer is concerned, and the growing cottage industry of turnkey software-as-a-service startups proves that getting on mobile is as ironclad a requirement as it gets in commerce. But starting up a mobile operation is just one half of a potentially profitable coin.

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Mobile Fraud Retail Strategy 155

Payments Source

AUGUST 18, 2016

After the whirlwind of payments innovation in 2015, 2016 has felt rather stagnant in comparison for many payment technology enthusiasts. What is the story behind this lull and what does it mean for the future of Fintech?

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Comparison Payments Innovation Fintech 83

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Chris Skinner

AUGUST 4, 2016

Yesterday I blogged about the flagship lead of the Bank of England to support innovation and create refreshed central bank digital structures. They are experimenting with everything from a Britcoin to a FinTech Accelerator program, and these operations have filtered through the system into RegTech programs from Project Innovate to the Regulatory Sandbox.

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Bank Innovation

AUGUST 16, 2016

Uber announced yesterday that the Instant Pay option for its drivers has been extended to nearly all U.S. debit cards, with the help of MasterCard Send and Green Dot, the operator of the mobile-first bank GoBank. “The expansion offers frictionless, elegant service to Uber, which is the poster child for the on-demand market,” said Green Read More.

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Bobsguide

AUGUST 18, 2016

According to new figures from KPMG and CB Insights, Germany sped ahead in the fintech race during the second quarter of this year and brought in $186 million in comparison to the $103 million that British businesses pulled in. The report highlighted that funding to venture capital backed fintech.

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Payments Dive

AUGUST 23, 2016

PayToo CEO Michel Poignant thinks the industry is approaching mobile wallets the wrong way.

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Mobile Industry 236

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Community Bank

Let's Talk Payments

AUGUST 4, 2016

With the increased speed of funds availability from alternative lenders that are able to approve a credit in minutes if not less, accurate risk assessment became a crucial part of.

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Payments Source

AUGUST 7, 2016

Once fraud has been detected and a customer’s usual payment mechanism is broken, what happens next to ensure that customer remains happy and loyal?

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Fraud Payments Analytics Security 85

Chris Skinner

AUGUST 19, 2016

In Trade Finance there’s a lot of activity. As mentioned yesterday, you have HSBC and Bank of America working with HyperLedger; R3 trialling with 15 banks based upon Corda; Ripple working with Standard Chartered and DBS; and JPMorgan have been developing a trade finance trial with Digital Asset. These are platofrms and industry developmetns, but … The post Five Standout Start-Ups Focused Upon Blockchain Trade Finance appeared first on Chris Skinner's blog.

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Bank Innovation

AUGUST 1, 2016

July’s PayPal earnings call talked quite a bit more about Visa than Venmo, but while the consequences of the Visa deal are still unknown, Venmo’s numbers are already known, and they look great. Specifically, Venmo processed $4 billion in transactions in Q2, compared with $3.2 billion the quarter previous. This is Read More.

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Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

Innovation